As the government fights black money and corruption with its demonetization move, vested interests have been circulating rumors to spread panic and derail the exercise. Here are the ten myths doing the rounds and the government's response to each one of them:

Myth 1: In next round, PM Modi will demonetize Rs 100 and Rs 50 notes

Reality: There is no such intention and demonetization will not be done for any other denomination of legal tender notes

Myth 2: Select corporate houses and political party members were informed about the move in advance

Reality: There was no leakage of information at all and complete secrecy was maintained

Myth 3: The next step is going to be sealing bank lockers and freezing gold/diamond jewelry